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RentoMojo IPO draws 2.82x subscription on Day 2, led by NII demand
Indian furniture and appliance rental platform RentoMojo’s IPO was subscribed 2.82x on Day 2, led by 6.13x NII demand. The ₹1,255.57 crore issue funds debt repayment, offline-store and warehouse rental payments, and corporate purposes.
- NII portion subscription, Day 26.13x
- Retail portion subscription, Day 22.77x
- QIB portion subscription, Day 20.42x
Newer report adds to this story , : Q1 FY27 revenue was ₹126.3 crore; stock at ₹521.65 on NSE.
Reported figures
From the report. Source details below
| Retail portion subscribed | 2.77x |
|---|---|
| QIB portion subscribed | 0.42x |
| Price band: | ₹384-₹404 per share |
| Fresh issue: | ₹150 crore |
| OFS: | up to 2.7 crore shares worth ₹1,105.6 crore |
| Upper-band valuation: | approximately ₹4,206 crore ($445 million) |
| Anchor fundraising: | approximately ₹376.1 crore |
| FY26 net profit: | ₹104.3 crore, up 142% YoY |
| FY26 operating revenue: | ₹387 crore, up 45.5% YoY |